Fortunes for your shareholders, even though you have oodles of cash in the bank, youre still unworthy in the eyes of some, and thats the story of apple which reported very good numbers after the close and after an initial dip, kind of a hiccup, rallied nicely. Frankly, i think it should have been up even more given the strength of the Balance Sheet, momentum of the products, and the improvement in Gross Margins which is what i was looking for. On a day when the dow drifted lower, nasdaq declined. 08 . It was refreshing to see apple shake off the blues and power higher house of pleasure. In a huge afterhours swing as the company made it clear, intraConference Call, always wait for the Conference Calls, that things are, indeed, better than most expected. Apples earnings arent the only ones that matter today. We saw a dramatic run in all of the companies that dont need Economic Growth to maintain their earnings. Hershey rallied 3, Kimberly Clark increased 1. 80, kellogg more than a buck.
General motors has issued a recall of more than 1. 5 million older compact dollars. This news go much further than the occasional design flaw that shows up. In the particular case of the chevy cobalt, reports came in a decade ago of a car that would shut down in the middle of a drive with occasionally disastrous results. General meters knew. And for some reason the cars were not recalled until last month. That meanings drawings, emails, they want to know what the company knew and when. They want n to know why this recall took a decade to happen. Reporter the national Highway Traffic Administration may have known as early as 2007 about a faulty ignition problem in over 1 million General Motors cars. Thats according to the head joan claybrook, who has asked for a broken as it investigates gm. And gm may have known about the malfunction in 201 2004 but didt order a recall until last month. It includes various versions of the cobalt, the pontiac g 5 and solstice and the is a tur saturd ski
Im erin burnett. Outfront tonight, thank you, america. Insurance giant aig says its very grateful for the 182 billion in taxpayer money that saved it from i dont even know if bankruptcys the right word. How about complete and utter obliteration at the height of the financial crisis. Aig of course has become a symbol of the financial meltdown of 2008 so its nice that they are now running ads to thank taxpayers for all that money. We repaid every dollar america lent to us. Everything plus a profit of more than 22 billion. For the american people. Thank you, america. Good evening. Im erin burnett. Outfront tonight, thank you, america. Insurance giant aig says its very grateful for the 182 billion in taxpayer money that saved it from i dont even know if bankruptcys the right word. How about complete and utter obliteration at the height of the financial crisis. Aig of course has become a symbol of the financial meltdown of 2008 so its nice that they are now running ads to thank taxpayers fo
That does it for us. Erin Burnett Outfront starts now. Outfront next, insurance giant aig got a 182 billion taxpayer bailout. You may remember that. You were probably angry about it. Now theyre thanking america and they might sue us. Plus new information about the aurora theater massacre. Details of an elaborate trap and bizarre trap set by the alleged shooter that may give a window into the troubled state of his mind. And demonstrations raging in Southeast Asia in response to the brutal rape and murder of a 23yearold indian woman. Padma speaks out about the attack. Lets go outfront. Good evening. Im erin burnett. Outfront tonight, thank you, america. Insurance giant aig says its very grateful for the 182 billion in taxpayer money that saved it from i dont even know if bankruptcys the right word. How about complete and utter obliteration at the height of the financial crisis. Aig of course has become a symbol of the financial meltdown of 2008 so its nice that they are now running ads t
Thats it. Outfront starts right now. Outfront next, insurance giant aig got a 182 billion taxpayer bailout. You may remember that. You were probably angry about it. Now theyre thanking america and they might sue us. Plus new information about the aurora theater massacre. Details of an elaborate trap and bizarre trap set by the alleged shooter that may give a window into the troubled state of his mind. And demonstrations raging in Southeast Asia in response to the brutal rape and murder of a 23yearold indian woman. Padma speaks out about the attack. Lets go outfront. Good evening. Im erin burnett. Outfront tonight, thank you, america. Insurance giant aig says its very grateful for the 182 billion in taxpayer money that saved it from i dont even know if bankruptcys the right word. How about complete and utter obliteration at the height of the financial crisis. Aig of course has become a symbol of the financial meltdown of 2008 so its nice that they are now running ads to thank taxpayers